Total 29 results found. Search for [ SpiceJet Q3 ]

The company said that the first nine months of the year were quite challenging, especially in Q3, as the system confronted a liquidity issue on the NBFC front. The third quarter has been particularly challenging for the financial sector with the liquidity challenges affecting overall borrowing activity.

Tax relief for startups: Govt may exempt DPIIT-certified startups from angel taxThe government is considering giving complete exemption to startups from angel tax once they are certified by the Commerce and Industry Ministry, a move aimed at helping budding entrepreneurs, official sources said. Various startups have raised concerns on notices sent to them under the Section 56 of Income Tax Act to pay taxes on angel funds received by them. I-T Department unearths Rs 20,000 crore hawala, m...

Total income stood at Rs 2,530.8 crore as against Rs 2,096.1 crore in the same quarter last year. Between October and December 2018, SpiceJet added 12 new planes -nine Boeing 737 MAX 8 aircraft and three Q400s.

FM Arun Jaitley says Mastercard, Visa losing out to RuPay and UPI after demonetisationIndia's finance minister has said that Mastercard and Visa were losing market share to domestic payments networks, months after Mastercard complained to the U.S. government that Prime Minister Narendra Modi was using nationalism to promote a local rival. Finance Minister Arun Jaitley spoke about the surging growth of RuPay and Unified Payment Interface (UPI), which allows swift inter-bank fund transfers, on ...

Bogged down by demonetisation and higher fuel costs, SpiceJet on Tuesday reported a 24 per cent fall in net profit at Rs 181.1 crore in three months ended December 2016 even as the second largest low-cost carrier remained in the black for the eighth straight quarter.

In the 2014 December quarter, the airline had incurred a net loss of Rs 275.03 crore. Total income from operations jumped to Rs 1,459.95 crore in the latest December quarter compared to Rs 1,311.18 crore in the year-ago period.

Passenger load factors (PLF) in India and South-east Asia have risen steadily, with the average PLF across seven major airlines based in the region hitting multi-year highs above 80 per cent in Q3 of 2015 (calendar year).

Prior to this, Avili was serving TigerAirways in Singapore as its Commercial Director. He holds 12 years of experience in Asia and was part of the start up team of Malaysia-based low cost airliner AirAsia in 2001.

The regional jet market sees at least 20 to 30 orders coming in from India, established ones as well as start-ups, over the next two to three years as airline companies look for the right kind of aircraft to service the Tier II and Tier III towns.